Stanley Black & Decker (NYSE:SWK) Cut to “Hold” at Wall Street Zen

Wall Street Zen lowered shares of Stanley Black & Decker (NYSE:SWK) from a buy rating to a hold rating in a research report report published on Sunday.

Other research analysts have also recently issued research reports about the stock. Barclays restated an “overweight” rating and set a $100.00 price target on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Robert W. Baird upped their price objective on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Morgan Stanley increased their target price on Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a report on Monday, February 23rd. Citigroup raised their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Wells Fargo & Company upped their price target on Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $86.89.

Stanley Black & Decker Stock Up 5.2%

Shares of SWK stock opened at $70.92 on Friday. Stanley Black & Decker has a one year low of $53.91 and a one year high of $93.37. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.35. The stock has a fifty day moving average price of $80.29 and a 200 day moving average price of $75.45. The stock has a market cap of $11.01 billion, a P/E ratio of 26.76, a price-to-earnings-growth ratio of 0.97 and a beta of 1.18.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The firm had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same quarter in the previous year, the firm posted $1.49 EPS. The business’s revenue for the quarter was down 1.0% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Analysts predict that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, March 10th. Stanley Black & Decker’s dividend payout ratio is currently 125.28%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Stanley Black & Decker by 3.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after purchasing an additional 559 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Stanley Black & Decker by 8.2% in the first quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock valued at $357,000 after buying an additional 353 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Stanley Black & Decker by 18.8% in the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock valued at $537,000 after buying an additional 1,105 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Stanley Black & Decker by 4.9% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,163,478 shares of the industrial products company’s stock valued at $78,826,000 after buying an additional 54,414 shares during the last quarter. Finally, Prudential Financial Inc. lifted its position in Stanley Black & Decker by 8.1% during the 2nd quarter. Prudential Financial Inc. now owns 92,084 shares of the industrial products company’s stock worth $6,239,000 after buying an additional 6,937 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.

Operations are organized across three principal business segments.